Full transcript (4367 words)
Hello guys, welcome back to another video. Today we are going to back test gold for the past I think 6 months I believe from September 2025 to March. This will give me a random date. Let's just get into it. Uh so it's telling me 27th of I think October. So let's start here. I'm using this FX replay. It's a a really really nice really nice uh website. I use it for back testing. So I will be uh back testing with 50k account because most of firms they the best accounts they have is the 50k. So we'll go with XAU USD and the initial date is 10th of October. Yep, I think 10th of October 2025 10th, right? Oh, 27th. Sorry, 27th. Oh, nice. It's Monday. So that's really cool. We will end uh this in like two weeks. So let's get into it. I will be like going through my daily my daily routine, how I look at the chart, how I place my uh support and resistance line and basically everything I do for to trade, how I trade, I will be doing it in front of you right now like the live trading sessions. All right. So, let's remove all these shitty uh indicators from our chart. I like a neat and clean chart and adjust my time to my time zone. So, this guys is a free application. You can just go. It's called FX Replay. I'm not sponsoring them or anything. It's just a nice website that I use when I want to do a quick quick back testing session. All right, let's go to the daily It's about this is actually London session. So let's forward it a little bit. You can forward here like 1 hour or 1 minute or whatever. So I think Yep. Oh no, it's a little bit late. Let's go to the next day then. So uh I'm going to be trading London and in New York. So I think I'm going to start with both. Uh start with London, sorry. and then we will get to New York session. All right. So we can see here that gold on the daily time frame is approaching a really nice support area. This is the support area that gold is approaching right here. You can see it all clearly right. Let me double check. Yes, everything is clear and nice. So this is the support area. Gold is approaching on the daily. We are expecting to reject a little bit like this. So it's coming here and maybe price will reject and then we'll go down or we'll go up. But for now we are expecting a rejection on the daily. Let's drop down for the 4 hour to have a better look. All right. So it looks like it wants to break below this area. We have the resistance is above here and also another one there on the 4our. Uh sorry the resistance is right here. Yep. Right here. And here we have previous support, but the current one is not uh formed yet. All right. 1 hour looks a little bit interesting in the next minute. This is the 1 hour just closed. So I don't think I can sell from here. I cannot sell from here because this is a support on the daily time frame. We have a really huge support over here on the daily. So there is no chance that I will sell unless it breaks totally and retest and then on the second break I will enter some cells. But when it looks like this, I don't think I can enter any cells. All right, let's skip a little bit through it. Maybe skip to the 15 minutes. Okay. So, it's just uh melting melting and more melting gold. Okay. So, did this 15-minut candle closed? I want to see this 15-minut candle to close like this. All right. So, and the next 15-minut candle, it created a bottom week. And it looks now like it's rejecting from this area like this here like this setup right here. Look, it happened in the past. So, I'm going to anticipate buys on the break of this uh candle because I believe it created a high, created a low, now it's recreating a high. I'm going to set a buy stop and sell stop below the current and take profit is about like this area right here for one to one almost one to one but I'm risking less than one to one. Okay, let's move it. All right, so it melted and that's why you have to wait for it to rebreak the high again one more time. Uh I'm I'm actually very good with that that it didn't trigger me in otherwise it would end up a loss but it's not a bad loss. It's less than 1% so we are cool. All right guys it's uh it's just melting and I don't think we can take a trade anytime soon. Let's go to New York New York session. This is about New York session I believe. Yep. So in 30 minutes we will have New York session open. I'm just going to set up these lines like a little bit real quick. And can we get a closure above? So it's better to wait for the next 30 minute candle close closure. I'm a little bit fasting. So maybe you can notice that I'm not 100% focused. All right. So, did this candle closed above or below? It's not that clear actually, but it created a really nice uh bottom week as you can see here. Created a really nice bottom week. Let's check the 15. All right. I think it's closed pretty much at the range. Let's look to the left hand side. All right. So, it closed above. I believe we can enter uh a buy if it can rebreak above this area right here. Stop loss below the current candle for 600 pairs. I will be aiming for like almost one to one. And let's see on the 30 minute looks very good in the 30 minutes to be honest with you. And let's go. All right. again it's just it's just moving down and 15 minute will close here I think the 15 minute closed now okay so it's a little bit tricky but I believe this uh this buy stop is still valid let's check the higher time frame okay 1 hour doesn't look bad for doesn't look good actually but it break the previous 4 hour so and gold actually dropped like about oh my god that's 200 pips I think not 200 I believe it's 2 something so we should get uh retest anytime soon we can see that created another support on the 30 minute and it looks like it's breaking Let's try it out. Let's see if this would work because if it break after all this week, I'm sure it's going to move to the upside. We are risking a little bit above 1%. All right. So now it's more than one one to one. So at this moment I'm going to move my stops to a break even. This is the break even. And I'm going to secure like maybe 80%. Let's go with 85%. So look, 85% is exactly my risk which was and I will let the rest to run. Okay. Come on. Can we see it running? Now I will move this uh take profit. It doesn't matter where it will go. Now let's just see if it can run or will stop us at break even. Okay, so we got stopped at break even, but it looks like it's going to continue. Oh, look at that. It's nice. We got our profit. So, there is no worries. Now, we are This is a New York session. I think I'm done for this session right now. Let's go to another day and another London session. Uh, right about here. I think we missed London session, but there is was not much trades. Oh, the only good trade was here. Oh my god, this looks so so clean setup, guys. This is so clean setup. One of the cleanest I've ever seen. So buys would be above here after this candle create a bottom and you enter, boom, secure and leave a runner. And that's it. But it's fine. Let's go to the next. I think my New York session is uh closed to this time. Yep. In 30 minutes, in 30 minutes, we will have New York open. Just drawing my lines real quick. All right. I don't think I can take a sells here. This could be a fake out, guys. Pay attention here. You cannot take a sell here. This could be a very big fake out. Look at that. Oh, now we can take it. If it re the lows now after it. Oh, it closed inside. I don't think we can take it still. Oh. Oh, wow. That's a nice move, but it's not our move. See, that's why you don't take it here because our the trend is bullish. So, you have to wait for support to be formed and take buys. We could actually took buys from here, but it's a It's really really small. Yep. A little bit choppy. And here uh I don't think we can take. So it's better to take price above here and sell it below there. All right. So this 30 minute candle closed. Let's check. Uh so we can actually uh take cells below here if it wants to rebreak the low because now we got a retest to this breakout area. We got a retest and we have a week a week to fill for about till about here. How many pips is this? Like 85 pips. All right. It's a volume time. 1 hour looks really nice. for our there's not a top week. Okay, I think we can put a sell stop below here. Sell one stop, stop loss above here. We are risking like 1.1%. Let's see. This is the full take profit. Okay, it triggered us in now. Let's see this 15-minut candle closed below. 15minut candle closed very nicely. Can it create a top week and go down? Okay. So, I will put my stop loss now below this 15-minut candle because there is no need for this 15-minut candle to rebreak its own low again. All right. So, if it rebroke the low, I will enter another sell stop. If it rebroke the low, let's see here. Okay, it triggered us in in the second and I'm going to place it right here closer to this candle. Let's see. So, my total risk is about I think it's like five, six, seven. It's 1.2%. So, it's not that uh big risk. This candle broke the low. I'm going to move my stops to the first candle. So now I'm risking only 200 bucks. So worst case scenario is just 200 bucks. All right. So see that's why I moved my stops to this area right there. It looks like it's still moving nicely. Okay, that's good. I think I should secure something uh right here. So, I will close this position. Just close all close 100%. And this one I'm going to close 80% of my initial position. 80% closed. And now stops at break even. And now let the rest run to the full take profit target. Okay. Okay. So, I think it stopped us uh at break even. Not break even, sorry. Yeah, we got some profit, but yeah, the runner is got stopped at break even. But look, eventually it went to our takerit target. Yep. So, you get the idea. This was the the idea of the trade cells. Why we could take sells here? Because we got a retest. So you see this candle broke and closed below the range. We got a retest this green candle, rejection candle, glad liquidity and everything. And then on the second break we entered and stops uh stop loss was above the current range. Yep, that's pretty very very simple price action guys. Very simple price action and I usually aim for one to one risk-to-reward. I secure mostly on one to one risktore reward. And look at that going. Look at that. Yeah. So now uh this my trading uh time is over now in like 30 minutes. But I took a trade. I took a win. So that's it for the day. Whenever I take a good win, I think it's more than enough for the day. Let's go to the next. Wow. Look how it melted. Would you look at that? So, this trade ran for about I don't know like 800 pips or something. But, uh I don't care. I just care about my plan and my risk management and the things I do. All right. 10. So, London is about 12. Yep. I think it's right here. This is the London session now. All right. So in the London session we can see that we are currently bullish and we have a support here and we have a resistance right about here. Now let's move this. Oh okay. Okay. So this is a little bit tricky. B pay a close attention to that. So you can see that this candle closed with no top week. So most of what the other people will do, they will just take a buy here. Long position here, stop loss will be below. This is what most people will do. But this is not a good idea, guys. Because this candle closed with no top week. There's a high probability it will reject. So let's see if it will reject or no. It's better to wait for 15 minute candle to close uh like impulse and then enter. See, so I think most people who entered by here got tricked and they got stopped out already because some people they enter instantly after this candle closure. They would enter a buy right here. Look what happened. So yeah, this was just a little demonstration. Okay, so we can see this candle uh it didn't close well actually. So yeah, we have to wait. We have to wait for maybe the one hour candle closure, but this can keep moving downside. All right. So, this is two already and I'm not uh I'm not trading after two. I'm only trading pre-London session. So, now let's go to New York. Yep, this is New York already. Oh. Oh. Oh. Look at that. But uh I don't think we could even take it because it does not look clean. Let's now wait for this one hour candle to close. Also closed with no top week for our I think we need a closure. We need a closure, guys. This doesn't look good at all. What was that? Oh, so I think it's actually moved like what we are expecting. I'm going to remove all these lines and wait for something cleaner than this because look at this. There is no top week candle is moving randomly here. Let's maybe wait for the 30 minute candle. All right, 30 minute candle just closed. It closed nicely but confusingly. So here is the resistance. So if this candle can break below this one, I believe it can move to the downside because we didn't even have closure above the range. Let's check the 4our. Yeah, this doesn't look good actually at all. And I don't like trading in this choppy range. Let's see if it can break this uh 30 minute candle low. Okay, so it looks like it's going to break. Let me put my sell stop. How much is stop loss is going to be about 2%. What's the time now? It's the volume time, guys. It's a volume very high volume time. So this is like some type of fake out. You can see it here on the 15 very clearly that candle broke above and then broke below. We should have entered here. That was the better entry. But let's go and see. It's better if it uh created a better top week and then move to the downside. So now we are in officially in. Let me put this in here so you can see it clearly. Stop loss above the current and entry here. Yep. Uh I think I'm going to secure something right about here. Right about here. My stops will be move to break even because this is the next rejection area. Come on gold. Don't do us dirty. Oh. Oh. Oh guys. So, we got stopped out. We got stopped out really nicely. So, what was the issue this trade? Yeah, but I think it was better to wait for some candle. So, it looks like there is no volume. Price doesn't want to move up or down, but it's fine. So, trading, you will have wins and losses and yeah, it's part of the plan. Look, there is no volume. Maybe that's why it it's not uh it's not moving anywhere. What's that? Look, it's consolidating now. Man, this is very ugly. But yeah, never mind. So, we got like two wins and one loss. We're still up 1%. Let's go to the next London session. All right, this is the next London session in one hour. Yeah, perfect. So, this is the next London session. Pre-London session, sorry. You can see we have a clear uh support and resistance here. I prefer taking from this range. It's much clearer to for the downside. So we are still bullish as I believe. Oh no. So look how 4our candle the daily is bullish 4hour candle closed bearish and the previous is also bearish. So we will be looking for sells unless we get a closure above this area right here. We will be looking for cells unless we get a nice closure maybe on the 15. It's one more minute. Oh, come on. This closure is very far from my area and it's pretty choppy. So, I don't think I can take it yet. Let's wait for the 30 minute. All right. So, the 30 minute candle just closed. It closed. Uh, it's okay. It's not the best closure. But we need a bottom week first before we can enter anything. So here is our bottom week and it looks like it's breaking the highs. Now this is the last uh it's the last 15 candle of the 1 hour. Okay. So actually it doesn't look bad. We can place a buy stop here. Stop loss is below another 2%. Yep. It looks it looks good now. That looks much better actually. The 30 minutes. Yep, it's a little bit above 1%. Take profit is going to be here. And here we will secure something right about here or in the on the week fill maybe on the W fill mostly. Let's see. Okay, so it triggered us in and now it's fluctuating. punctuating a little bit more. A little bit more. Come on. Can you fill the wig? Uh, okay. All right. So, wait. I should have secured something right there. Come on. Come on. Break. Okay, guys. But it looks like this one to one. I think I will leave it to run. Okay. So, here we can secure something and move our stops to break even. I'm going to secure 80%. All right. And let the rest run for our final take profit. Let me show you how this was going. So our entry was here. Stop loss is in the range and this is our takerit. So this is like about one to one, one to2. But I will leave it to run because we are going with the trend. We are going with the trend guys. Okay. Wow. Would you look at that? Look at that. Going. Oh, come on gold. Don't reject at us now. Oh, wow. Wow. Wow. So that's why you put stops to break even and you secure something. Oh, it didn't stop us. How? Oh my god. Look at this. It's just one tick, guys. One tick. Okay. Okay. I think it's going to hit our takerit now. Come on. Nice. Nice. Excellent. That was amazing. Was amazing. Amazing trade. Nicely executed. And also on the time that we leave the chart. So I leave the chart almost at two and it was very nice. It was at break even. Really good trade guys. really really good trade. Now I'm going to go to Oh, look at that exit. So, exactly after our exit, it went to it went to hits people's other people's stop losses, not mine. Yep. So, we are almost at New York now. Let me delete this lines. Delete this one. I will use this one. It looks a little bit choppy. So in 30 minutes is New York exchange open. So I will skip to this 30 minutes because I all every day like every time I trade after the New York exchange open because before the exchange open there is not much volume. All right. Look at that. This candle couldn't break. So, if we can find see a closure below here or one above here, I think we'd be good to go. Just maybe a 15-minute candle closure. Yep. We need a really good healthy rejection like this. And maybe if it went down now, if it break this, let's put a stop lo uh sell stop. Stop loss is going to be a little bit big, man. This is like 2% for about 2%. But it's looking good actually. Let's check 30 minutes. No, it doesn't look good. It doesn't look that good. 4 hours. Okay. So, we can see that it couldn't break above that 4 hour, but we still bullish on the 4our time frame and we closed above on the one hour here. Man, this can just go to the upside. So, I will just move my sell stop. It's not a good idea to take sell here. See, that's why it's not a good idea to take the sell here. I think we would have been stopped out. Okay. So, I think if this candle moved No, no, I think it wants to move to the upside. I believe so. Look, it's very very weak 30 minutes candle. This candle should probably close bullish now. 15 minute. Let's check. Oh man, now it's getting choppier. So maybe if a closure below or in the next 1 hour, I'm just going to go to the next session if we didn't get a closure below or above. Okay, one minute for closure above. Come on. So you can see here we got a little closure above on the 15. On the 30 we got a really nice support on the 1 hour. It's not bad but because it's with the trend we can anticipate buys from there or not anymore. So look this candle broke below uh below the previous one. So I will remove my buy stop because it doesn't make sense now. Unless this 15-minut candle closed uh bullish something like that it looks good for impulse entry candle I think. Yep. We are going to wait for the next. I cannot take that. Maybe we should wait for the 30. I believe we should wait for the 30. If we get any closure above would be much much noise. So you know why I cannot take it here? You cannot enter here. Now look at the 1 hour candle. There is just like about six five minutes for the candle to close. Look at that. So if you entered here, you would enter buy, you will go like 10 20 pips and boom, it will hit your stop loss. So that's why it's better to wait for the candle to close just like this. We got a nice 1 hour closure. I want this candle to create the top week and then I will put my sell stop. Yep, something like this. Can it move down now? Yep. I will enter sell stop here on the break of the current. Take profit is going to be something above here like something like this. Oh wow. Wow guys, look at that. In just a minute. It's in under a minute hit our takerit. So I'm going to close it. Maybe 90 90% save. stop loss at break even and let the rest to run because it's it looks promising now. It looks promising. Okay, it's running a little bit. Wow. Would you guys look at that full full TB hit simple clean uh following our plan, following our strategy, the risk management. Look at that, man. What a nice and clear setup. What's this sound? Uh, sorry about this guys, but I think I have to stop this recording. So, there's some construction happening around me. But you get the idea, guys. So, yep, I'm going to close full here. Yep, just close full. Look at that. We are up 4%. 4% we are up. How many trades did we took? We took uh one, two, three, four. What? Four out of four. Let's check the analytics real quick. Okay, we are up 4% 83% win rate out of six trades. I think we got one loss. Yes, one lose. So look, one lose. It was also 2% loss and the rest was winners. Yeah. So you can see everything clear and if we kept going I believe it will be the same. But I got to go now because there is some constructions happening and it will be noisy. All right, guys. If you enjoyed the video, please leave a like and don't forget to subscribe and let me know in the comment below what do you want me to talk about next. And have a good one. Peace.